China: China’s state-owned firms get their ‘report card’ on corruption

China’s top anti-graft agency released inspection reports on eight state-owned enterprises on Tuesday, in which staff were found guilty of abusing power, misusing state assets and other corrupt practices.

The Central Commission for Discipline Inspection’s reports covered five major energy firms, a newly established one, as well as two telecommunications giants.

State-owned firms have come under scrutiny amid President Xi Jinping’s corruption crackdown. CCDI head Wang Qishan has vowed to finish inspecting all major SOEs by the end of the year.